Question: Take Test: Unit 3 CA: Analyzing Financial Performance with ... Which of the following is a benefit of a common-size income statement? (CSLO 2) A.

Take Test: Unit 3 CA: Analyzing Financial Performance with ...

Which of the following is a benefit of a common-size income statement? (CSLO 2)

A.

It is very useful to assess how effectively a firm collected its accounts receivable.

B.

It reveals a great deal of information about the adequacy of a firms net working capital.

C.

It can tell the analyst a great deal about a firms efficiency and profitability.

D.

It reveals how effectively a firm has increased its assets

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